UAE-based Azizi Developments said on Wednesday it is on course to complete its project Mina by Azizi on Dubai's Palm Jumeirah in the third quarter of 2018, ahead of schedule.

Mina by Azizi features panoramic views of the sea and provides private beach access to 178 fully-furnished serviced apartments and penthouses.

The AED780 million project will cover a total area of 11,244 square metres which includes 120 one-bedroom, 54 two-bedroom, 4-three bedroom, and 4 penthouse residences.

In addition, it will include a total retail area spanning 1,532 sq m, Azizi said in a statement.

Farhad Azizi, CEO, said: “It’s very pleasing to announce the increased pace of progress of our second and most ambitious project on the Palm, Mina by Azizi. Constructing quality homes and delivering to our customers on time is at the core of Azizi Developments’ business.

'In the case of Mina by Azizi, we are aiming to deliver ahead of schedule.”

Mina by Azizi is set to be completed almost a year to the date after its first luxury residential project on the Palm Jumeirah, the AED350million Royal Bay, completed in August last year.